Inflation has become an ugly part of the U.S. economy over the past year. Slowed to 2% or less for nearly a decade, recently it has moved higher by 8% or more, according to the consumer price index. Key components of the index have risen much faster. Oil and gas […]

Germany’s consumer price inflation unexpectedly slowed in June from a record high as the government took measures to reduce the burden of soaring energy prices on households and to reduce fuel consumption, after gas prices surged across Europe following the war in Ukraine. Consumer price inflation eased to 7.6 percent […]

video FOX Business Flash top headlines for June 30 Check out what’s clicking on FoxBusiness.com. Department of Transportation Secretary Pete Buttigieg announced a $1 billion pilot program aimed at reconnecting communities that were previously cut off from economic opportunities by transportation infrastructure.  Created under President Joe Biden's Bipartisan Infrastructure Law, […]

video Price controls don’t work: GOP lawmaker Washington Republican Rep. Cathy McMorris Rodgers provides insight on American energy policies and price controls on ‘Kudlow.’ A federal appeals court has upheld a 2020 California law forcing property owners who legally evict tenants to pay one month of their rent to reduce […]

video FOX Business Flash top headlines for June 28 Check out what’s clicking on FoxBusiness.com. Honda and Sony – two of Japan's most high-profile corporate titans – are teaming up to enter the electric vehicle market. Technology and software company Sony is collaborating with car manufacturer Honda to produce electric […]

New orders for U.S. manufactured durable goods increased by more than expected in the month of May, according to a report released by the Commerce Department on Monday. The report showed durable goods orders climbed by 0.7 percent in May after rising by 0.4 percent in April. Economists had expected […]

An increase in wages sufficient to prevent a further fall in real wages would do little harm to the economy and much good to businesses hoping their sales will keep going up rather than start going down. It’s hard enough to figure out what’s going on in the economy – […]

If your personal loan application is denied, learn some steps you can take to boost your chances of success the next time you apply. (iStock) When you receive news that a lender denied your loan application, it’s normal to feel discouraged and upset. While you might know that you have […]

The Norwegian central bank joined several of its peers in delivering a bigger than expected 50 basis point hike on Thursday amid the woes of high inflationary pressures and policymakers hinted that there will be another rate hike in August. The Monetary Policy and Financial Stability Committee unanimously decided to […]

video Former Trump economist: We can end inflation quickly if we have a fiscal response Former Council of Economics Advisers Chairman Kevin Hassett discusses Fed Chair Powell’s testimony on Capitol Hill, Biden blaming Putin for price hikes, oil executives meeting at the White House and recession risk in the U.S. […]